Gold Rate Today: Gold prices are steadily rising ahead of Dhanteras and Diwali. On October 16th, the price of 24-carat gold rose to ₹1,29,600 per 10 grams in the capital, Delhi. The price is expected to reach ₹1.30 lakh per 10 grams on Dhanteras.
Festive demand within the country, strong investments in exchange-traded funds (ETFs), and several global factors are also boosting gold prices, such as increased uncertainty due to renewed US-China trade tensions, the possibility of an interest rate cut by the Federal Reserve, significant buying by central banks, and the US government shutdown. Let’s find out the latest gold rates in 10 major cities…
Price in Delhi
The price of 24-carat gold in Delhi is ₹129,600 per 10 grams. 22-carat gold is ₹118,810 per 10 grams.
Mumbai, Chennai and Kolkata
Currently, the price of 22 carat gold in Mumbai, Chennai and Kolkata is Rs 118660 per 10 grams, while the price of 24 carat gold is Rs 129450 per 10 grams.
Prices in Jaipur, Lucknow and Chandigarh
The price of 24-carat gold in these cities is ₹128,510 per 10 grams, while the price of 22-carat gold is ₹118,810 per 10 grams.
Price in Bhopal and Ahmedabad
The retail price of 22-carat gold in Ahmedabad and Bhopal is ₹118,710 per 10 grams. The price of 24-carat gold is ₹129,500 per 10 grams.
Price in Hyderabad
The price of 22 carat gold in Hyderabad is Rs 118660 per 10 grams, while the price of 24 carat gold is Rs 129450 per 10 grams.
| City | 22 carat gold rate today | 24 carat gold rate today |
| Delhi | 118810 | 129600 |
| Mumbai | 118660 | 129450 |
| Ahmedabad | 118710 | 129500 |
| Chennai | 118660 | 129450 |
| Kolkata | 118660 | 129450 |
| Hyderabad | 118660 | 129450 |
| Jaipur | 118810 | 129600 |
| Bhopal | 118710 | 129500 |
| Lucknow | 118810 | 129600 |
| Chandigarh | 118810 | 129600 |
Silver rate
On October 16th, the retail price of silver rose to ₹190,100 per kilogram. A significant supply shortage in the global market has impacted premiums, supporting prices. Silver ETFs are trading at a strong premium. However, on October 15th, silver prices fell by ₹3,000 to ₹182,000 per kilogram in the Delhi bullion market.
